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1 and 2 cent pieces, what do you think about removing them? (feddit.de)

submitted 1 year ago by sexy_peach@feddit.de to c/europe@feddit.de

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They're not worth anything, never were but even less through the years with inflation.

If a store wants to sell something for 99 cent, they can either just take 1€ or 95 cent.

Maybe even 5 cent pieces? But that would be a bit radical.

I am a bit annoyed that easy ideas like this are never discussed in politics, or wherever. It would make our lives just a little bit easier, and having them achieves NOTHING.

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[–] vegivamp@feddit.nl 1 points 1 year ago

As a swiss, you're used to find it the first prices in Europe, not you don't think about other economies.

There's a comment in here from someone whose country recently switched to euros, and many small items there cost under 10 cents. Rounding down would make them free, rounding up doubles their price...

The measure is reasonable if the local economy is suited - Belgium and the Netherlands have been rounding bills for a good while now, but it's not something that should be pushed from the European level.

Not that I said rounding bills - individual items are stille priced to the cent. When paying by card, you pay the exact total, but when paying cash it gets rounded to the nearest 5 cent.